With tariffs arriving on foreign cars and auto parts, travel and vehicle experts are expecting to see people hold onto their old cars longer, which could lead to more maintenance for mechanics. "If ...
Reuters reports that a collection of auto industry groups sent a letter Commerce Secretary Howard Lutnick, Treasury Secretary Scott Bessent, and U.S. Trade Representative Jamieson Greer urging the ...
Trump administration's tariffs on imported auto parts went into effect on May 3, applying a 25% duty on vehicle components. Quite a few parts for US-made vehicles are produced across the border in ...
President Donald Trump made official Wednesday his long-promised tariffs for the automotive industry, imposing a 25% import tariff on all cars, light-duty trucks and some car parts imported into the U ...
If you’re buying a new car, you’re probably wondering how uncertainty around tariffs will affect prices. You’re not alone. The entire auto industry is working through the White House’s recent ...
Trump has seemed to shrug off worries that his trade tariffs will raise prices on everyday items for Americans. Prices on new and used cars are likely to go up due to the 25 percent levies on imported ...
President Trump is imposing 25 percent tariffs on auto imports, which is expected to drive up prices for American consumers and squeeze automakers that depend on global supply chains. The tariffs will ...
Editor’s note: This story was updated April 29, 2025, to include additional tariff updates. On March 26, President Donald Trump announced sweeping new 25% tariffs on imported vehicles and vehicle ...
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(Bloomberg) -- Supply Lines is a daily newsletter that tracks global trade. Sign up here. President Donald Trump is betting that a 25% tariff on imports of vehicles and automotive parts will bring ...
Sarina Trangle started as a corporate news reporter in October 2024. She previously spent four years on the business desk at Newsday, covering the health industry, commercial real estate and cannabis.
(CNN) — American car buyers braced for the worst when President Donald Trump’s auto tariffs started taking effect in April. But so far, prices are little changed. However, industry experts don’t ...